I regret my death with the same amount of principal, how to solve it?

Select Equal Principal.

I regret dying, how to solve it?

Some users choose to pay the same amount of principal and regret their death, mainly because of the early repayment of the equal principal.

The pressure is high, and if the user's ability to repay the loan in advance is weakened, then it is easy to cut off the supply.

Circumstance. Since the chosen repayment method cannot be modified, the user can only better plan the funds, and the money for the loan each month must be prepared in advance.

<> if you want to keep up with the ability to repay, then you don't need to regret choosing the repayment method of equal principal, after all, from this repayment method, first of all, it is suitable for early repayment, and the total amount of interest it generates will be less than the provision of equal principal and interest. The amount refers to the equal part of the loan amount during the repayment period, and the same amount of principal and interest accrued from the remaining loan in the month are repaid each month. Generally speaking, due to the fixed monthly repayment of equal principal, the interest will be less and less, so the later repayment will also be less, which will reduce the loan pressure in the later period to a certain extent.

So, what are the disadvantages of equal principal? The most important thing is the pressure to repay the loan earlyThis point must be emphasized:

If you are a friend who has just gotten married in the early stage and has to face large expenses such as children, don't choose the same principal! It's impossible. Because the repayment pressure in the early stage is very large, many people will now choose to take out a loan to buy a house, and now the loan to buy a house is divided into equal principal and equal principal and interest.

Generally speaking, the interest on an equal principal amount is much less, so many people choose an equal principal amount. But many people realize that choosing a matching book will make them die.

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First of all, you can negotiate with the lending bank to see if you can change the repayment method, if you can't change it, you can only repay the loan in this way, otherwise you will violate the signed agreement.

This can be found by the developer, and then negotiated with the bank to convert it into equal principal and interest, but only a part of the extra interest.

For most ordinary people, if they want to buy a house in a larger city, they need to go to the bank to apply for a large mortgage loan. When faced with a mortgage, borrowers often need to face the choice of repayment method. Why do you regret dying when you choose to equal the principal?

How to choose equal principal and equal principal and interest?

Why do you regret dying when you choose to equal the principal?

I regret that I died after choosing the same amount of principal because this repayment method has great pressure to repay in the early stage, and some users are unable to repay in the early stage, so they regret choosing this repayment method. In fact, when choosing a repayment method, users must consider their current and future repayment ability, and do not blindly think about reducing the total interest of the loan.

At this point, it is best for the borrower to decide according to his actual situation, and not to force it, otherwise it may be difficult to bear such a large pressure to repay the loan in the early stage. Therefore, when borrowers are very concerned about their current standard of living, or their income has decreased recently, they often feel that they have made the wrong choice and regret it.

For the same loan, the equal principal amount is 20% more than the monthly payment of the same principal and interest, if the 20% here is replaced by the equal principal and interest, it is equivalent to the borrower can borrow a loan of 1.2 million, 20% more expenditure out of thin air, wasting cash and the opportunities brought by cash, such as considering studying abroad, starting a business, etc.

How to choose equal principal and equal principal and interest?

The so-called equal principal amount is the repayment of the same amount of principal every month, and as the remaining principal decreases, the monthly interest also decreases month by month, so the monthly repayment amount also decreases accordingly. Equal principal and interest: The monthly repayment amount is the same (i.e., the total monthly repayment amount is the same, where the interest decreases month by month and the principal amount increases month by month).

Although the repayment pressure of equal principal is high in the early stage, the repayment pressure in the later period will be reduced, which is suitable for people with reduced income in the future.

If you buy a house early and enjoy the loan discount when you take out a bank loan, in this case, if the preferential range of the loan contract is about 20% off, then it is very cost-effective to repay the loan early.

Not suitable for early repayment: The equal principal amount is divided into equal costs of the total loan amount, and the repayment interest is calculated based on the remaining principal. In other words, the later you go, the less principal is left in this way, and the less interest you generate.

There is no loss in early repayment of equal principal. The biggest feature of equal principal repayment is that the less interest in the later period, the less repayment pressure. So if one-third of the mortgage is repaid with average capital, the interest is almost half repaid, and more is the later principal.

At this time, whether to repay the loan early is actually of little effect.

Equal principal refers to a loan repayment method, which is to divide the total amount of the loan into equal parts during the repayment period, and repay the same amount of principal and the interest generated by the remaining loan every month, so that because the monthly repayment principal amount is fixed, and the interest is getting less and less, the borrower has greater repayment pressure at first, but the monthly repayment amount is also less and less with the passage of time.

Calculation formula for equal principal loan: monthly repayment amount = (loan principal number of repayment months) + (principal - cumulative amount of principal repaid) monthly interest rate.

Nowadays, many people will choose the equal principal repayment method when buying a house, because almost everyone knows that the equal principal amount is less than the total interest of equal principal and interest.

In fact, this algorithm is not fair to equal principal and interest, becauseThe bank's method of calculating interest is to calculate the interest on a daily basis。The reason why the total interest generated by equal principal and interest is high is that the equal principal and interest repayment method allows the borrower to occupy the funds for a longer period of time. The time of occupying funds is relatively long, and the interest generated is naturally high!

So the question is, when is the most cost-effective time to repay early? If the loan interest is purely based on the loan interest, the loan repayment on the second day is the most cost-effective and the interest generated is the least。Obviously, no one will think about repaying the loan the next day, and will always wait for a while until they have enough money to make the repayment.

If the funds are of no use, pay them back as soon as possible, and no more interest will be accrued. If possible, pay back a portion as soon as you have the funds in hand, which works best and has the least total interest!

The above is from the perspective of most non-financial practitioners, let me talk about how as a banker view the matter of prepayment.

I still have a mortgage of 400,000 yuan, and the interest rate is about 450,000 yuan in cash plus ** plus messy financial assets, so I didn't consider repaying the loan all at once. Although the ** during this period is not very good, it is still good in the long run, and I have about 100,000 in the **. In addition, I also bought education savings** for my daughter, and I pay about 50,000 yuan a year.

In addition, I have made some ** fixed investments, about 50,000 or so. There are also 200,000 yuan in the bank to buy wealth management, and the remaining 50,000 yuan or so in the form of current financial management in case of emergency.

For investors at my level, I have basically covered all the financial tools on the market, and I have not calculated how much the comprehensive interest rate is, and it should be higher than it should be visually. In addition, if I pay off the mortgage in full, I don't have any food leftover, and I will be very panicked when something happens. As long as there is an urgent need at home, most of this money can be returned at any time.

These configurations act like a reservoir: if you have money, you can save it, you can make a good profit, and you can use it whenever you need it.

will suffer. Because if you repay the same amount of principal in advance, almost all of the principal will be repaid later, so you will suffer a loss.

You will suffer a loss, because there will be a handling fee for early repayment, and it will be charged according to the monthly fee, so you will suffer a loss.

I won't suffer a loss, and if I repay the same amount of principal in advance, I won't pay a penny more, so I won't suffer a loss.

Summary. Kiss. Hello, happy to answer this question for you.

If the equal amount of principal and interest is too tricky, it is because if they get the principal, the interest in the bills they pay every month accounts for most of it. The principal is a small part, so you find that the more you pay, the less you actually pay back the principal. So this is where equal principal and interest are too tricky.

Kiss. Hello, happy to answer this question for you. The reason for the fact that if you get the principal, the interest on the bills they pay every month accounts for most of the interest.

The principal is a small part, so you find that the more you pay, the less you actually pay back the principal. So this is where the equal amount of principal and interest is too auspicious.

And how to repay the current period, in the early stage, the proportion of interest is a little less. In the later period, interest will increase more and more as a percentage of monthly repayments. As a result, you have been paying back for many years, but only a small part of the principal has been repaid.

This is the disadvantage of equal principal and interest. But if the principal and interest are equal, in fact, he has the advantage of erecting a group, that is, the amount of repayment every month is fixed, which can reduce the pressure to a certain extent in Yu Xunyi or Duan.

If the repayment method is equal to the principal amount, the monthly payment of the upfront repayment is a little higher. Because of the equal principal repayment method, the principal of each monthly repayment is arbitrarily fixed. Then the interest rate will decrease more and more.

The interest repayment period will become less and less. This kind of crack is not too tricky.

That is the equal principal of the Ming grandson repayment method stool and if he has a bad place jujube trace. It's just that the monthly payment for the upfront repayment is too high. Many people can't afford to repay the royal tribute in the early stage, so they choose the repayment method of equal principal and interest.

However, it cannot be said that the equal amount of principal and interest or the blind person is too much, this also depends on the choice of each person, because everyone knows that there are different repayment methods. Because of this repayment method, the two repayment methods of equal principal and equal principal and interest have their own advantages and advantages.

It can only be said that it is relative.

If you feel that the equal principal repayment method is too tricky, you can choose the equal principal repayment method.

An equal amount of principal is appropriate. There is no fixed standard for repayment methods, although the interest of equal principal is much lower than that of equal principal and interest, but it may not be suitable for everyone, so when applying for a mortgage, whether you should choose equal principal or equal principal and interest depends on your actual situation.

If your income is relatively high and the monthly repayment amount is within your tolerance, then you will prefer to repay the equal principal amount. This repayment method is suitable for people who are in business, or those who are older and about to retire.

For people who are about to retire, they now have a higher income at work, have a higher ability to repay, and can repay more money, and when they retire in the future, their income has declined, and the monthly mortgage payment has also fallen, so that they can be within their own affordability.